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speaker john boehner. the timing is a clear indication that many in washington are realize time is out to find a deal on fiscal cliff. wherego to the newsroom richard will tell us. president and house speaker john boehner met privately. both emphasize the lines of communication remain open. one person watching all this is a woman with to power brokers on capitol hill. f is very muchclif the mind of linda. they need to put aside these differences they have. of 10 employees at the capitol hill that counts house itsker john boehner among customers. she worries about the year and a possible government cutbacks. >> they are our main source of keeping the business open. if it goes down any further, we might end up closing up. k of a deficit deal a $800 billion in domestic and defense cuts that family taxes could rise $3,500. is going to be a lot of suffering among a lot of people who deserve otherwise. the white house wants a tax on the rich and increase on the debt limit. say tax tight cost american jobs. medicare is going bankrupt, inability will be bankrupt two years. of democratsity repu
barack obama's success, john boehner's success, came in hume beginnings, but neither one of us are doing us a favor. neither one of them are deserving of hero worship in a country falling apart. >> i didn't think we should be hero worshipping the president, what i said he's an admirable man that did great things. >> sure, absolutely. >> in this country. i don't agree with his agenda. >> you argue that we haven't lost, to dages point we have it in us, but we haven't shown it? >> the lmakers in washington don't, they're a bunch of gutless weasels who don't-- >> that language there. >> furthermore it's not productive language. well, they're not productive, and criticizing me for calling them gutless when that's exactly what they are. >> i'm trying to draw a distinction between-- >> come on. the gutle weasels on the one hand and not doing a good enough job on the other nd, let's cheer them on and say we honor your service, now, do a better job. >> yeah i got cheered when i didn'tnloadhe dishwasher when i was a kid instead sent to the corner and sit there r the night. >> did anybody want to b
speaker john boehner, trying to strike a deal to avert the looming fiscal cliff. >> reporter: you know, aides are providing no details, radio silence here, it was all done out of camera range, but you're right, sometime this afternoon, house speaker john boehner was here to meet face to face with president obama. it's the first glimmer of hope after weeks of stalemates. today a warning to republicans from a top senate democrat, no hike in taxes on the wealthy, no deal on the debt. >> even if it means going over the cliff? >> i don't want to do it, the president doesn't want to do it but we need to solve the problem. we do not want to drive this economy into another recession. a recession that the republicans will own. >> if we were to pass, for instance, raising the top two rates and that's it, all of a sudden, we do have the leverage of the debt ceiling and we haven't given that up. >> reporter: congress must again vote to raise that debt ceiling early next year, that would mean a replay of last year's battle and a chance for republicans to regain the upper hand. the president has la
. >>> two people get in the room. the president and the leader of the opposition, john boehner, should be interesting. they may be closer to an agreement than we think. the question, can they sell the deal to their bases? >>> saying republicans may change after the election and they are, changing the rules and some proposing republicans in pennsylvania and three other states obama won, they're trying to eliminate the winner take all system of awarding electoral votes. why not? that way republicans can win electoral votes in states they lose. a good deal. >>> new jersey governor chris christie finally meets his idol that he's seen in concert more than 100 times. the governor and "the boss" bruce springsteen. this is "hardball," the place for politics. and may have surface pores where bacteria can grow and multiply. polident is specifically designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's why i recommend using polident. [ male announcer ] polident
, president obama, house speaker john boehner, met face to face at the white house today for the first time in more than three weeks. we do not have any details about today's conversations but reps on both sides say the lines of communication remain open. the two men last met on november 16th. also today, another republican senator announced his support for raising tax rates on wealthy americans. tennessee senator bob corker says if the gop agrees to the wealthy tax hike, republicans would be better positioned to negotiate for bigger spending cuts on social security and medicare. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year-end. a lot of people are putting forth a theory and i think it has merit where you give the president the 2% increase that he's talking about, the rate increase on the top 2%. and all of a sudden, the shift goes back to entitlements. and all of a sudden, once you give him the rate on the top 2%, it's actually much lesser tax increase than what he's been talking abo
the national christmas tree. after that, the capital -- capitol christmas tree lighting with john boehner. tomorrow, on washington journal, guests discussed the latest on the so-called fiscal cliff negotiations and the week ahead. a politico reporter looks at the lobbyist involvement in those negotiations. and an update on the situation in syria. live at 7:00 a.m. eastern on c- span. >> the supreme court will look at what was passed in 2008 by a majority of 63, i believe and they are going to say that is president. and indiana -- >> we are talking about facts. when they decided the indiana case, it was constitutional for them to establish it. they did not say all the states -- >> correct. they talked about indiana. let me finish peeping >> you are misrepresenting. >> no, i am not. >> i hear these accusations that black people, a voter i.d. lost disproportionately affect minorities. it implies to me that we have something missing in our brains. to me, if white americans can get it to vote and go through all the processes to follow the laws, what are you telling black people? that somehow t
until our nation potentially tumbles over what we call the fiscal cliff. john boehner says there's been no real progress in the negotiations between the white house and lawmakers on capitol hill. now he's accusing president obama of dragging his feet as the deadline looms. is more of the same in store for the week ahead? joining us, managing edit for of the hill. >> good morning. >> we talk about this happening and going over the cliff. speaker boehner accuses the white house of dragging its feet. >> president obama offered a proposal, republicans didn't like that plan. now the g.o.p. has countered. so the ball is in the white house's court and that's what republicans are basically waiting for. but i don't see -- i don't think you'll see real progress over the next week. we are about two weeks away from christmas. three weeks until we hit the deadline and they're nowhere. what speaker boehner said correct. there's been no progress and there will be nor jockeying and leverage the next week. >> i want to point out in the president's weekly address that was issued yesterday, he says there'
and house speaker john boehner meeting at the white house today for another round of talks to avert the possible cliff. both sides a there keeping the lines of communication open, but no word yet on a breakthrough. brian mooar has the latest from washington. >> president obama and house speaker john boehner were behind closed doors today trying to break the tax and spending stalemate recommended take the country over the fiscal cliff in three weeks. they want to about to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase to actually solve our problems? yes. >> we have one house and that's it. this is in the democrats' hands. >> we agree on 98% of this, to me, i would just get it off the table also they don't worry about it. >> they agreed that visits are going up on the rich no matter what. >> you cannot generate enough revenue to have meaningful deficit reduction. >> republicans want a big spending cuts from programs like medicare and social security. >> we do not want to be here in another year or attend. >> on both sides of pennsylvania avenu
with bomb survivors at 9:00 m p.m. eastern. >> on tuesday house speaker john boehner participated in the lighting of the capitol christmas tree. colorado law makers from the house and senate took part in the event. this is 30 minutes. >> good evening everyone and welcome to the 48th annual united states capitol christmas tree lighting ceremony. i'm the architect of the capitol and i'm honored to serve as your master of ceremonies tonight as we carry out this wonderful tradition this year. for everyone's safety we ask you stay in your seats until the conclusion of this evening's program. >> every year, i look forward to this event to officially kick off the holiday season here on capitol hill. and even though the weather doesn't feel like it's december 4, nothing says christmas like the playing of festive holiday carols. i would like to extend a special thank you to the united states air force band under the direction of peter foliard and created this great and festive holiday mood. let's give them a hand, ladies and gentlemen. [applause] [applause] >> and behind me stands the u.s.
. the president is going to be president for the next four years, john boehner is likely to be president f-- speaker for for years. but the president needs john boehner more than john boehner needs the president. >> does the speaker have enough votes inside his caucus to agree to some kind of tax rate hike in the upper echelons of society, does he have enough votes that he can put together with whatever nancy pelosi can stir up and pass it? >> i'm not sure there's support for rate hike, there is support for the revenue by cleaning up the tax code. >> isn't there $800 billion of collected revenue still a tax hike? >> this has been part of the debate for years. looking at cleaning up the code. and candy, getting in there and -- there are so many ways you can do it. maybe you want to cap total deductions, maybe you want to look at some of these tax credits and clean this code up. dave campus p dave's camp has put an incredible amount of time on this. it is the time, this is the opportunity to clean that code up. >> if we don't act before the end of the year, taxes go up for everybody, not for
. president and house speaker john boehner met today at the white house. we're not getting details yet as to how those negotiations went, except to stay that the lines of communications remained open. both sides of the fiscal cliff negotiations are much closer than you may think despite what law makes say publicly. jackie calms of the "new york times" picked up on something that lawmaker tim cole said recently. >> the republicans should just declare victory and taking the 98% of the tax cuts that they agree on and work next year on tax reform and see if they can't get the top rate back down again. it's hard to think that that's not where they're going to end up so why not make it clean instead of ugly. >> i think it's true that many people are saying privatery what tom cole said publicly on the show. but they believe that the politically right thing to do right now is to cut that you are losses, let tax rates go up for the most wealthy and really try for significant tax reform so that 39.6% is going to be mute. >> so the good news is that negotiations do continue, there was a meeting t
. thanks for watching. >>> the white house revealed that speaker john boehner met with the president to discuss the officials of the fiscal cliff. we're just days before the congress and the white house has to hammer out a deal or everyone's going to suffer the consequences. emily, what have you learned about today's meeting? >> allison we know that today's meeting was not on the schedule today. so that means we have to rely on the word from the white house deputy press secretary and a congressional staffer which happens to be the exact same words. they released two separate statements, both identical and this is the statement. it says this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff. we're not reading out details of the constitution, but the lines of communication remain. on wednesday, you'll remember a source familiar with the conversation said they did speak by phone, at that point it was the first time in a week they had done so. no reported breakthrough then. and then on monday, the president and speaker were
't talk there either. you'll remember john boehner also said on friday the white house had wasted another week in potential compromise. so allison, at this point we don't know what caused this movement today. just that for the first time in a while, the two sides are agreeing on something and wording their statements about the meeting. we don't know if that means they're agreeing on the much more critical spending and revenue issues. >>> we're going to be talking a lot more about the fiscal cliff in the coming hour. three cnn i-reporters are going to be joining me to talk about their real concerns about this and we got some answers from our business expert from questions that were sent by you that you tweeted to us. that's going to be coming up in about 15 minutes. >>> bail was set for dallas cowboys josh brent, he's been charged with intoxication manslaughter for a crash on saturday that killed his teammate. police say brent was pulling jerry brown out of the car when they arrived. dallas coach jason garrett talked about his players just a few minutes ago. >> obviously this is a very dif
to believe it. instead of john boehner, his name is b-o-e-h-n-e-r-- pronounced it right. >> his name is john boehner. it is how we pronounced it. some news from overseas, this is from the bbc. hugo chavez and need of cancer surgery. he only returned to cuba on friday. tests had detected more cancerous cells. there is this from the associated press. the south african president visited nelson mandela who is a in the president. -- who is a dental the hospital. he was admitted to a military hospital. he found the frail 94-year-old to be comfortable and in good care. we will turn our attention to the issue that has dominated our discussion since the election. we will continue to do so over the next few weeks. the president reject talks continue on the phone on the fiscal cliffs. what is happening behind the scenes? as next. we will have our sunday round table. all weekend long on but tv and american history to be, we are featuring the literary life of albany, new york, the capital of the new york state. we will feature all of the history programming our producers gathered there. here is a portion
. but rather because we need to raise a certain amount of revenue. >> okay. here is john boehner, the republican house speaker. >> if you look at the plans that the white house have talked about thus far, they couldn't pass either house of the congress. >> republicans proposed raising $800 billion in extra revenues. and that revenue should come through tax reform and closing loopholes. happy new year. question, patrick, looking into the crystal ball and tell us about this january 1 monetary nuclear bomb. are we going over the cliff, patrick? >> i think i believe we may not be going over the cliff. i think this week has led me to believe there are the terms of a deal, john. the $800 billion boehner offered, i'm sure he will go up a bit. he won't go to 39% on tax rates. republicans are willing to go to i think 37%. the truth is, republicans are capitulating all along the line here, john. they're more afraid of going over the cliff than obama is. and i fear that the republicans are going to re-establish their reputation as the tax collectors of the welfare state. >> has president ob
day after house speaker john boehner announced the talks were stalled. >> well, this isn't a progress report, because there's no progress to report. >> reporter: his democratic counterpart, nancy pelosi, blames boehner for the stalemate. >> what they offered in return was an empty letter, lacking in specifics. >> reporter: such is the state of negotiations 23 days before the deadline, when federal income tax rates will revert to higher clinton era levels, 2% payroll tax cuts will expire, and long-term unemployment benefits will dry up for over 2 million americans who have been out of work for six months or more. on saturday, boehner did not allow a compromise on tax hike for top earners, somewhere between today's 35% rate and the clinton era's 39.6%. >> there are a lot of things that are possible, but to put the revenue to the president seeks on the table. >> reporter: even if the two sides are making progress behind the scenes, no one expects them to admit it until the last minute. but the office of management and budget has asked federal agencies for a list of possible cuts, just in
speaker john boehner says they will review the request by the president. new york and new jersey originally asked for a combined $79 billion in aide. the states' governors say they are grateful for any help. >>> the supreme court taking up the controversial issue of gay marriage. the high court agreed to hear two important cases, prop 8 out of california and doma out of new york. a federal court recently overturned prop 8 after the measure passed by voters. the court will decide if doma violates the fifth amendment of equal protection under the law that applies to same-section couples legally married in other states. >>> today is a very happy day for same-section couples in washington state. it is the first day they can marry under the new law, legalizing gay marriage. couples began lining up for licenses early thursday morning. some courthouses opened up at midnight for the ceremonies to take place. several local judges also donated their time to marry the couples. ceremonies are expected all day today. >>> last week, washington state became the latest state to legalize marijuan
position. he's got the high ground. he has narrowed the focus. he's got john boehner has his intermediary, his contact. i'm told that white house officials have been talking almost constantly with boehner's people in a very specific discussion about the details of the package so i think he's thinking big about a package he can take to the country and say we have begun to change the mess in washington. chris: welcome to the show, michelle. first i wonder, what does wall want? i assume they want a deal. have they baked into the cake -- when i read the dow every day, am i looking at smart people on the street who believe there will be a deal by the 31st of this month? >> a lot of people have mixed views about what's going to happen and it drives decision making. chris: what's the majority of thinking on the street. >> i'd say it's 50/50 and when they're hopeful about a deal, the dow moves higher. when harry reid says something negative, it goes down. chris: do they want a rate hike on the rich or do they like the deductions route more? >> they like the deductions route more for sure. they wa
, and what i do see? john boehner sitting by himself. all alone. not a single member of his party wanted to share his company. he didn't even have any milk to drink because, well, tell them why, john. >> they had taken my milk and thrown it in the garbage. >> these are supposed to be his friends. his colleagues. but even at the hint that the taxes might be raised on his leadership watch, they turn on him. tell them what you found in your office desk. >> oh, i don't -- >> no, no. go ahead. hey, tell them what your so-called friends put in your office desk. >> it was a rubber snake. >> a rubber snake. and did it scare you? >> it did. >> i was so heartbroken to hear this, i said, look. how about this, john, if you agree to a 1% raise on the
with speaker john boehner. on newsmaker, the vermont governor, the new chairman at the democratic governors' association, talks about the state issues including employment and the affordable care act as well as the fiscal cliff and plant the 2013 and 2014 elections. newsmakers is live sunday at 10:00 a.m.. then we will again at 6 eastern on c-span. -- we wil show uiit again at 6 eastern on c-span3 >> we have not coordinated care. all these sources we have end up having so many cracks that they are as harmful as the diseases we are treating. you have to step back and ask, are we hurting people overall on the global level? what are we doing sometimes? now we have the institute of medicine report saying 30% of everything we do may not be necessary in health care. 30% of all the medications we prescribed, the tests we order, the procedures. this is something i think which is for the first time really being called out as a problem. >> dysfunction in the u.s. health care industry. the doctor on what hospitals will not tell you. his latest is unaccountable. tonight at 10:00 on afterwards on c-span
have been sitting down face to face in a private room with john boehner and/or mitch mcconnell and hammering this thing out. building a relationship, building trust and trying to pull people together he was at a toy factory in pennsylvania. talking about the campaign modes and that's not how you negotiate and resolve these sort of issues. >> we know that barack obama speaks for democrats who speaks for republicans nowf? >> i think john boehner is the closest thing to a republican voice. he holds let's say the key to the lock. he is the most powerful republican in congress. my feeling is boehner wants to work something out. he has got to go home not only to his own constituents but every republicans in america and some in the house who aren't easy to pull along he he imant go to them and given up that tax bracket for the 2% and theying say what did you gte mr. baker? nothing yet. he can't do that with a straight face his own party will crucify him over that. >> over 50% that we fall off? >> i wouldn't have said that two weeks ago today. i think that's probably right and it's unn
for democrats who speaks for republicans nowf? >> i think john boehner is the closest thing to a republican voice. he holds let's say the key to the lock. he is the most powerful republican in congress. my feeling is boehner wants to work something out. he has got to go home not only to his own constituents but every republicans in america and some in the house who aren't easy to pull along he he imant go to them and given up that tax bracket for the 2% and theying say what did you gte mr. baker? nothing yet. he can't do that with a straight face his own party will crucify him over that. >> over 50% that we fall off? >> i wouldn't have said that two weeks ago today. i think that's probably right and it's unnecessary. >> geraldo: hopefully he will mine sift the speak and he will have something more substantial h 2 o. >> i hope so. >> great to see you geraldo. >> was it the lack of gun control or confession that caused nfl player to commit suicide. see what the newly legalized pot industry in washington pot industry in washington state and soon in.so as you cans customer satisfaction is at 97
in a way that john boehner leaves with his dignity intact and a sense that he has achieved something. if it is just -- humiliation cannot be a byproduct. >> colby? >> it would not be a defeat for obama in any way. we go over the cliff, a stop because republicans sent over the cliff. -- it is because republicans send us over the cliff, not doing what americans want us to do. the american people think we ought to increase the rates. there is a principle there. they give on that, then the president has to do something on entitlements and put something on the table that is tangible, and we will have to deal. but if it they don't rely on those rates, we will go over the cliff and will be their fault. >> nina? >> everybody can see the outlines of a deal. the reason that president obama won't, i think, just be totally recalcitrant about this is that if we get this deal done, according to a number of top financial people i talk to this week, and the economy is likely to take off and save a lot of grief and make everybody feel a lot better, and congress will benefit from that as well as the p
as we get closer to the new yearhen tax is actuay go up. john boehner knows this and obama knows this so we will not see the conontotours of a deal yet. but that does not mean that the absence of evidence is the evidence of absence. 9 >> i noticed thahat while being out for r a week with the the flu is that nothing changein t wes i was gone.e. nothing has changed in months. it is aithetical washington does. they don't get a any kind of acaction until the last possible minute and the binesss community y hates that. theyey want t to seeee some kind of stability or predictality. wawall street needs to figure out how damaging this is to play this game. >> washington will interpret wall street as washington sees fit. wall street can say whatever it wants and can send the market into a tailspin. there will be a rponse from a repupublican or democr that will paint that tailspin in their favor. it is not just about the numbers.s. it i not in n it -- is about more than $500 billion in tax cuts. it'ss about a veryragilele psychology for this country. we see constandysfunction. alan kruer a has sai
the president does prevail which i think he will, ththat it be done in a way that john boehner, republican speaker of the house, leaves with it his dignity intact and with a sense that he has achieved something. if it is -- humiliation cannot be a byproduct of the final resolution. >> colby? >> it would not be a defeat for president obama in any w way. if we go over the cli, it iss because the republicans send us over the cliff because they refud to do what 55% of the american people want them to do, remove those rates s for the rich, the tax rates that went up under the bush plan. that is all he wants. he thinks we ought to pay more. the american people think ought to payore. there is a principle there. they give on that, the presisident has to do something on entitlements and put something on the t table that is tangible, and i think we have a dl. if they don't rely on those rates, wwill go over the cliff and will be their f fall. >> nina? >> everybody can see the outlines of the deal. the numbers are thehere. the reason that president obama won't, i think just be totally recalcitrant a
very surreal. >>> the relationship between president obama and house speaker john boehner can sometimes seem tense and awkward, so snl decided to try and explain it. >> in order to get the support of the speaker, i agreed there would be no tax increases, i repeat, zero tax increases. why would i do that? i mean i won the election. i had the leverage, why give in? well, simply put, i felt sorry for this man. early this week, i found my way into the congressional cafeteria, and what do i see? john boehner, sitting by himself. all alone. not a single member of his party willing to share his company. he didn't even have any milk to drink because, well, tell them why, john? >> they had taken my milk and thrown it in the garbage. >> these are supposed to be his friends and colleges. tell them what your so called friends did to your office desk? >> it was a rubber snake. >> a rubber snake. and did it scare you? >> it did. >> i was so heart broken to hear this, i said look, how about this, john. if you agree to a 1% raise on the top two americans, just two people, i will dissolve social securit
speaker john boehner did not say that is drawing attention tonight. when questioned by reporters yesterday, boehner would not comment on whether there is room for compromise on the president's demand for higher tax rates, on high income americans. boehner and the president spoke by phone this week, but in public comments, appear to have no -- made no progress. >>> same sex couples are finally getting their day in court. this time, the u.s. supreme court. justices have decided to hear two constitutional challenges to federal and state laws. one case involves the federal defense of marriage act, which denies federal benefits to same sex couples legally married in their own state. the other is a challenge to california's prop 8, which took away the right of same sex marriage that had been previously approved by state courts. >>> florida governor charlie crist completed his political transformation. crist was elected governor as a republican in 2006, then later ran for the senate as an independent. he campaigned for president obama, and spoke at the democratic national convention. he's now off
and john boehner, the two sides appear to be no closer to a compromise. are republicans working on the scenes on a plan b? wall street journal columnist, dan henninger and kim strassel. you have bean working the phones, is there something going on between speaker boehner and the president? >> no, i think that they are nowhere and it's because the president is refusing to budge at all on the top toks ratestopx rates and we'll go off the cliff if the republicans don't acreed to that demand. so we're still at a stand still. >> paul: kim, why is the president so insistent on increasing tax rates? boehner has already put on the table a comparable amount of money to be gained from putting a cap on deductions, about 800 billion over ten years, so such a-- >> look, paul, two reasons. first is ideological. his partisans, his liberal base believe this is somehow a symbol of winning the tax fight and you can only do that by raising the rates on the wealthy in the country and they're insistent on that. the other thing the president is interested in, he wants a double deal and wants to raise
increase on the highest 2% of wage earners. but house speaker and john boehner have not sat down for negotiations. even though corker is saying there is growing sentiment to accept the president's tax rate on the wealthy, many republican, of course, still adamantly opposed to any tax hike. they could give the peeker a very tough time in the house if that were the ultimate compromise. the president continues to insist there is no deal without that tax hike on the wealthy. he said yesterday, he's willing to work with republicans on a comprehensive plan. all they need to do is to sit down and hammer that out. so far, that hasn't happened. we are all waiting. >> 23 days to we will see if they do that. some are asking exactly how bad will the automatic tax increases and spending cuts actually be? this morning, democratic senator charles schumer said it would be terrible. others predict tell actually be what this nation needs to begin to rein in government spending. will it? joining us is a former republican campaign manager and aide to the g.o.p. leadership. welcome. if this kicks in,
for four years, john boehner is like i to be speaker for four years. so this is the first part of a relationship that will stretch for years. they need each other to succeed. >> does the speaker have enough votes inside his caucus to agree to some kind of tax rate hike in the upper echelons of society? the high wage earners? does he have those votes that he can put together with whatever nancy pelosi can stir up and pass it? >> i'm not sure there is support for the rate hikes. there is support for revenue, by cleaning up the code. >> can you tell me what the difference is? isn't $800 billion in collected revenue still a tax hike? >> there are so many things, and this has been part of the debate for years. looking at cleaning up the code. and candy, getting in there, and there are so many ways you can do it. maybe you want to cap total deductions, maybe you want to look at some of these tax credits and clean this code up. dave camp put an incredibility amount of time into this. he and kevin brady have worked on this. it is the time -- this is the opportunity to clean that code u
signed into law last year. >> his talks came after speaker of the house john boehner reported the talks are stalled. >> there is no progress to report. >> his democratic counterpart, pelosi, blames bangle they returned an -- blames boehner. >> they returned an empty letter lacking in specifics. >> federal income tax rates will go back up to the higher clinton era levels and long term unemployment benefits will dry up for over 2 million americans who have been out of work for six months or more. on friday bade boehner did not rule out a compromise on tax hikes for top earner, somewhere between 25% and the clinton era 36%. even if the two sides are making progress behind the scene, no one expects them to admit it until the last minute. but the office of management and budget has asked federal agencies for a list of possible cuts just in case there is no deal. cbs news, the white house. >> here is an economic indicator. there may be a boost going on in american business. a brisk holiday shopping season. that is under way right now. fedex is gearing up for its busiest day of the year a
with raising tax rates. but at the end of the day, it only matters what john boehner can get the house republicans to accept. last week the speaker indicated he might be okay with raising rates, he backtracked a few hours later. what's the appetite right now for raising those rates? is that something that's going to be an easier sell for john boehner than a lot of folks think? >> i don't necessarily think so. i think until we see guys like say jason chafitz of utah or tim scott of south carolina start speaking out about the possibility of extending taxes for the middle class and going up, i don't think it can happen, necessarily. you know, and they run the risk potentially of running into a situation like we did in 2008. where a deal is put together on t.a.r.p. back then remember it was voted on, voted down, they had to go back and do it again. that if the speaker is not careful and doesn't keep his caucus in the loop, they could potentially turn around and say no, this isn't what we wanted. you never consulted us, anyway, why would we vote for something like this? a lot of them could
closer together? >> reporter: there are two important signs today. speaker, house speaker john boehner met with president obama at the. we don't know how long they met or exactly what they talked about, but the white house says lines of communication are open and face-to-face meeting is on important. at the same time republicans say they will accept the demands for higher taxes on the wealthy if it goes along with spending cuts entitlements like medicare and social security. listen.... >> a lot of people are putting forth a theory. i think it has merit where you give the president 2% increase he is talking about on the top 2 percent. i am beginning to believe that is the best route for us to take. >> reporter: many other republicans, of course, standing firm against any tax increase. they could give the speaker a hard time if he tries to pass the kind of legislation corker was talking about there. >> and how are the democrats reacting to accept the higher tax rates? >> reporter: they are happy to see movement was made toward the president's position but speaker boehner has not embraced
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